Core Viewpoint - Horizon Technology Finance Corporation is under investigation for potential violations of federal securities laws and unlawful business practices, following disappointing financial results that led to a significant drop in share price [1][3]. Financial Performance - For the fourth quarter and full year ended December 31, 2024, Horizon reported total investment income of $23.5 million, which was below the consensus estimate of $26.1 million and represented a decline both year-over-year and from the previous quarter [3]. - The net asset value per share decreased to $8.43 from $9.06 in the previous quarter, attributed to "stressed investments" by the CEO [3]. - Following the announcement of these results, Horizon's share price fell by $0.95, closing at $8.65 on March 5, 2025, down from $9.60 on March 4, 2025 [3].
Kirby McInerney LLP Announces Investigation of Claims Against Horizon Technology Finance Corporation (HRZN) on Behalf of Investors